chapter 8 connect
An agent who arranges a transaction between a buyer and a seller of equity securities is called a:
Broker
An agent who maintains an inventory from which he or she buys and sells securities is called a:
Dealer
Which one of the following rights is never directly granted to all shareholders of a publicly held corporation?
Determining the amount of dividend to be paid per share
A securities market primarily composed of dealers who buy and sell for their own inventories is referred to which type of market?
Over the counter
Which one of the following is a type of equity security that has a fixed dividend and a priority status over other equity securities?
Preferred stock
Which one of the following represents the capital gains yield as used in the dividend growth model?
g